Zhang Yong, also popularly known as Daniel Zhang, is a Chinese technology executive. Presently, he works as the CEO of Alibaba Group. Before he became the CEO, he was widely known as CEO of Taobao and president of Alibaba owned firm named “Tmall.” While operating Tmall, Yong created a popular yearly Chinese sales event, the Singles’ Day shopping holiday, and obtained gross sales of three times more than Cyber Monday and Black Friday.
Maybe you know about Daniel Zhang very well, but do you know how old and tall is he and what is his net worth in 2021? If you do not know, we have prepared this article about details of Daniel Zhang’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Yong was born in Shanghai, China, on January 11, 1972. He graduated in finance at Shanghai University of Finance and Economics. After graduation, Yong worked for Barings Bank based in Britain. This happened a few months before getting insolvent due to dealer Nick Leeson. Between 1995 and 2002, Yong worked for the former “Big Five” accounting company owner “Arthur Andersen” that got collapsed due to the scandal of Enron.
Later in 2002, he got the opportunity to work for a leading firm, “Price Waterhouse Coopers,” as a senior manager for two years. Then, he worked at Shanda Interactive Entertainment as a chief financial officer. It was one of the leading developers of online games in China. Later, he joined the Alibaba-owned e-commerce website, “Taobao,” as a chief financial officer in 2007.
Daniel Zhang is married to Shu Ping. The couple has no children as of present. He has kept his life to himself and has not shared anything about his social life to the public. There is a distinctive aspect of Alibaba employees that they pick their nicknames for themselves at the time of joining the company. Daniel Zhang chose his nickname as “Free and Unfettered Person.” Zhang is frequently seen at the World Economic Forum that takes place in Davos and other mega-events. His strong finance background gives him the confidence to build an effective relationship with his clients.
Age, Height, and Weight
Being born on January 11, 1972, Daniel Zhang is 49 years old as of today’s date 4th February 2021. His height is 5 ft 8n inches tall, and his weight is 75 kg.
In 2007, Zhang joined an Alibaba subsidiary named ‘Taobao’ as its Chief Financial Officer. The following year he was promoted to the post of CEO of the company. In 2011, Zhang Yong became president of Tmall, which is considered to be a B2C (business-to-consumer) shopping byproduct from Taobao. At this time, Tmall laid the foundation of the Single’s Day yearly shopping event.
Two years later, in 2013, Zhang Yong was elected to become the COO (Chief Operating Officer) of Alibaba Group. in 2015, he succeeded Jonathan Lu, who has been the CEO in 2015. On September 10, 2018, Jack Ma declared that Zhang Yong would take over the company as an executive chairman. It will be effective in one year on September 10, 2019.
Awards & Achievements
Zhang Yong has a remarkable track record. He has been the brain behind the grandest annual retail bonanza event, “Singles’ Day,” that started happening on the planet from November 11. Inaugurated in 2009, this event is viewed to be the most significant sales event that has made a whopping sale of $25 billion for Alibaba alone. This figure is four times the overall sales of Cyber Monday and Black Friday.
Zhang Yong is a widely known personality not just at Alibaba, but also in the global business world. Yong has been associated with the company for eleven years. He worked as CEO for the past three years, where he effectively managed the firm. Under the administration of Zhang, he switched from computer-based transactions to mobile transactions, which accounts for around eighty percent of total merchandise volume.
Zhang was the one to develop the New Retail concept of the company by fusing e-commerce, with physical retail. Alibaba’s innovative Hema supermarkets were launched in the year 2015 and have made a revolution in thirteen cities throughout China. Zhang Yong has made consistent efforts to offer a premium level of shopping experience for a million people. He is widely known for his effort in connecting consumers and brands to any part of the world.
Net Worth & Salary of Daniel Zhang in 2021
Founder of Haidilao, Zhang Yong has a projected net worth of $1 Billion as of February 2021. In 2018, this Chinese-born Singaporean was ranked among the wealthiest people in Republic. Daniel Zhang, the new king of Alibaba, invented Singles’ Day that became a gigantic $25 billion shopping extravaganza. In September 2019, when Jack Ma, Executive Chairman of Alibaba’s, stepped down from his position, he presided at the post of Chief Executive. Yong worked as COO in Alibaba and later promoted to the post of CEO in the company. He has also been president of Alibaba’s owned “Tmall.”
Zhang is one of the famous Chinese business elites who has reached heights of success from his unique leadership style. For his longstanding career at the top positions in the world’s leading retail store, “Alibaba,” this multi-billionaire has made a significant place for himself throughout the globe.